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The banks told the Obama government that if they failed they would take down the entire economy and asked for a bailout. If capitalism is so great and self-correcting, then why would they make such a threat and call for government to save them?(Me: "What is more capitalistic than the 6 biggest banks and financial institutions?")--and let them take down the entire country because they have been allowed to grow so huge that they're called "too big to fail".
The banks told the Obama government that if they failed they would take down the entire economy and asked for a bailout. If capitalism is so great and self-correcting, then why would they make such a threat and call for government to save them?
(Me: "What is more capitalistic than the 6 biggest banks and financial institutions?")
--and let them take down the entire country because they have been allowed to grow so huge that they're called "too big to fail".
